The anecdotal evidence provided by the literature on high tech clusters has paved the way to systematic explorations of the localized effects of academic research on technological success and economic development. Prime drivers of such development are new entrants. New entrants are more likely...

The hypothesis underlined in this paper is that apart from infant mortality there is another relevant phenomenon taking place within new-born Small Business Enterprises (SBEs) in the period immediately after entry; namely that the smaller ones among them, having entered with a marked sub-optimal...

In this paper we present an occupational choice model for entrepreneurs, in which, based on their individual skills and on the quality of their business, entrepreneurs can keep their original business, open a new business in the same or another sector along the current business (portfolio...

This paper deals with the determinants of new furn formation in the business servicesin Italy during the second half of the 19805. For this purpose we use the data base made recentlyavailable by the National Instimte of Social Security, which provides information on both newly andalready...

This paper presents the results of a study on the product innovations introduced in the Italian market in 1989 and reported in a selected number of trade journals. The analysis of data collected by means of this literaure-based counting procedure confirms that R&D oriented industries and large...

In this paper a large and comprehensive longitudinal data base is used to identify the start-up of new firms in Italian tourism services and their subsequent post-entry performance. Ana lysed in particular is the link between the survival and growth of hotels, restaurants, and catering firms in...

This paper studies the post-entry evolution of two cohorts of entrants in the Italian financial intermediation industry. Using a comprehensive longitudinal database, it analyses the link between duration and growth of each newborn firm and its start-up size, as well as a series of...

The purpose is to explain the relation between the dynamics of R&D expenditures and that of exports in the four largest EU countries: France, Germany, Italy, and United Kingdom. Estimation of a fixed effects (Least Squares Dummy Variable) panel model for manufacturing as a whole and for fourteen...

This paper adopts a "geography of innovation" approach to test for France the hypothesis that patent activity within each administrative region is related to corporate expenditures in R&D in that territory, as well as research expenditures undertaken in universities located in the same area. It...

According to Gibrat's Law of Proportionate Effect, the growth rate of a given firm is independent of its size at the beginning of the examined period. This paper investigates whether Gibrat's Law holds for new entrants in a given industry: that is for new small firms in the early stage of their...